In a deal which is probably worthy of a Matt Levine column, Rakuten is soliciting all of their gold card++ customers to become beneficiaries of a Rakuten-funded insurance policy. The deal: Free to you. Rakuten pays premium. 5万円 ($500) if you are diagnosed with cancer this year
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Not sure what income they would get in the future if they're making the insurance payouts to customers? ... unless it's actually a larger payout and they keep most of it?
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Data collection? I wonder if it's somehow useful for them to know which of their customers got cancer?
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